Press release
Acrylic Water Based Paints Market Anticipated To Witness Robust Growth, Surpassing $46.93 Billion By 2029
The Acrylic Water Based Paints Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Acrylic Water Based Paints Market Size and Its Estimated Growth Rate?
The acrylic water based paints market has shown strong performance, expected to rise from $33.92 billion in 2024 to $36.29 billion in 2025 at a CAGR of 7.0%. Drivers include strict environmental rules, consumer health awareness, sustainable design trends, construction growth, and government backing.
The acrylic water based paints market is projected to grow strongly, reaching $46.93 billion by 2029 at a CAGR of 6.6%. Contributing factors include eco-conscious trends, digital marketing, regional growth, and customizable paint demand. Key developments will include biodegradable components, IoT integration, smart paint systems, and modular applications.
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How Are Emerging Segments Shaping the Acrylic Water Based Paints Market Landscape?
The acrylic water based paints market covered in this report is segmented -
1) By Component: Pigment, Binder, Other Component
2) By Substrate Material: Metal, Paper, Wood, Canvas, Fabric, Glass, Other Substrate Materials
3) By Application: Skirting Board, Metal Appliances, Outdoor Furniture, Architectural Paints, Bridges, Other Applications
4) By End-Use Industry: Building And Construction, Electrical And Electronics, Textile, Footwear, Furniture, Other End-Use Industries
Subsegments:
1) By Pigment: Organic Pigments, Inorganic Pigments, Titanium Dioxide, Iron Oxide Pigments, Other Specialty Pigments
2) By Binder: Acrylic Resin, Styrene-Acrylic Resin, Pure Acrylic Resin, Other Synthetic Resins
3) By Other Component: Solvents (Water, Alcohols, Glycol-Based), Additives (Thickeners, Dispersants, Surfactants), Fillers (Calcium Carbonate, Kaolin), Preservatives (Antimicrobial Agents), Other Chemical Additives (UV Stabilizers, Anti-corrosive Agents)
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Which Growth Factors Are Influencing Acrylic Water Based Paints Market Expansion?
Growing construction activity is boosting the acrylic water-based paint market. This rise is driven by urbanization, infrastructure growth, and real estate expansion, which elevate demand for such paints in both interior and exterior applications. According to the UK's Office for National Statistics, construction orders in Great Britain rose by 3.9% in Q3 2023 compared to the previous quarter.
Who Are the Dominant Players Across Different Acrylic Water Based Paints Market Segments?
Major companies operating in the acrylic water based paints market are BASF SE, Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., Masco Corporation, RPM International Inc., Axalta Coating Systems Co. Ltd., Diamond Vogel Paints, Valspar Corporation, Kansai Paint Co. Ltd., Asian Paints Limited, Jotun A/S, Cromology, Hempel A/S, DAW SE, Benjamin Moore And Co., Dunn-Edwards Corporation, Teknos Group, Tikkurila, Kelly-Moore Paints, Flugger Group, Tamiya Incorporated, Musashi Paint Co. Ltd., Meffert AG Farbwerke
What Are the Latest Developing Trends in the Acrylic Water Based Paints Market?
In the acrylic water-based paint market, companies are focusing on bio-based technology, replacing petroleum-derived materials with natural plant-based ingredients to reduce carbon emissions. For instance, in January 2023, PT Mowilex Indonesia launched Naturalle Paint, an acrylic binder made with 28% renewable resources. This eco-conscious product improves indoor air quality by eliminating formaldehyde and features a zero-VOC formulation, appealing to environmentally aware consumers.
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Which Geographic Regions Are Expected to Dominate the Acrylic Water Based Paints Market in the Coming Years?
Asia-Pacific was the largest region in the acrylic water based paints market in 2023. The regions covered in the acrylic water based paints market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Acrylic Water Based Paints Market?
2. What is the CAGR expected in the Acrylic Water Based Paints Market?
3. What Are the Key Innovations Transforming the Acrylic Water Based Paints Industry?
4. Which Region Is Leading the Acrylic Water Based Paints Market?
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